Salesforce Maintained at Buy by TD Cowen, Target Cut to $240
Salesforce Maintained at Buy by TD Cowen, Target Cut to $240
TD Cowen has reiterated its Buy rating on Salesforce (CRM) while lowering the price target from $250 to $240 per share. The adjustment reflects updated analyst expectations.
Price Target Revision
The new target of $240 represents a 4% decrease from the previous estimate. Analysts cite market conditions and company performance as key factors.
Market Reaction
Following the announcement, Salesforce shares showed limited movement. Investors continue to monitor the company's financial health and competitive position.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
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